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. >>> the physicianel california divten days away. president obama and house speaker john boehner thousands of miles away from each other. both men left washington for the holidays. president obama and family are in his native hawaii for a short christmas break. we'll have a live report from hawaii and the latest on the fiscal cliff talks a few minutes as well. >>> it's official. bp oil company will pay up to the tune of $7.8 billion. that is a class action settlement amount they agreed to pay, about 100,000 businesses and individuals hurt by the biggest oil spill in american history. a federal judge formized the settlement yesterday. a lot of gulf coast residents opted out of the class action suit and are pursuing lawsuits on their own. >>> in egypt today, more effects of a brand-new government's growing pains. the vice president is out. he is stepping down there. this man, mahmud mechanicy announced political life does not agree with him, and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country new islamis
rolls on? >> reporter: well, miquel, it's hard to believe that president obama would not at some point come back to washington it is not officially on his calendar at this point but he has obviously come out here for christmas break while congress is away from washington as well and it is, of course, a little bit of a working vacation for him, as the white house tries to work something out with senate democrats, some sort of package to avoid these tax hikes for middle class americans here tend of the year. that's something, of course that will require some buy-in from senate republicans to pass. and it seems that unlikely that senate minority leader mitch mcconnell would want to negotiating? that he doesn't feel will be able to also pass the house, which would require the support of some house republicans and that's part of the reason why this is such a difficult task and it has really been thrown into question whether or not the country is going over the fiscal cliff. the senate will reconvene, it is on xenlg actual reconvene september 27th that is on thursday. and i think the expecta
obama have left washington for christmas, and with no consensus on the momentous tax hikes and spending cuts set to go into effect january 1st. cnn's brianna keilar is live in hawaii where the president is vacationing. br breanna, is the president overly optimistic a last-minute deal can be reached? >> reporter: i don't know, miguel, if you could say overly optimistic. we heard him last night in the briefing room of the white house saying he's a hopeless optimist that something can still be done. but the fact is it's going to be something smaller. he's now pushing for tax cuts to be preserved for americans making $250,000 or less and pushing for unemployment benefits to be extended for a couple million americans. listen to some of what he said but also still some of the house republican opposition to this short-term plan he's pushing. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle-class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and defici
Search Results 0 to 2 of about 3